Cooking and Baking Paper Market Report: Trends, Forecast and Competitive Analysis to 2030
Cooking and Baking Paper Trends and Forecast
The future of the global cooking and baking paper market looks promising with opportunities in the residential use and commercial use markets. The global cooking and baking paper market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are rising middle-class families' disposable incomes to purchase convenience items like greaseproof paper and baking and frying sheets, growing popularity of home baking and cooking, as well as rising customer desire for quick and easy cooking techniques, and increasing public awareness of health issues.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cooking and Baking Paper by Segment
The study includes a forecast for the global cooking and baking paper by product, application, and region.
Cooking and Baking Paper Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Waxed Paper
- Greaseproof Baking Paper
- Butter Paper
Cooking and Baking Paper Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Residential Use
- Commercial Use
Cooking and Baking Paper Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cooking and Baking Paper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cooking and baking paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cooking and baking paper companies profiled in this report include-
- KRPA Paper
- Nordic Paper
- Vicat Group
- Dispapali
- Ahlstrom-Munksjo
- Delfortgroup
- Expera
Cooking and Baking Paper Market Insights
Lucintel forecasts that greaseproof baking paper is expected to witness the highest growth over the forecast period because it is resistant to environmental factors like dampness, its also a great choice for baking and food wrapping as it doesn't contain any nitrogen, making it less vulnerable to insect attacks.
APAC is expected to witness highest growth over the forecast period due to strong consumer penetration in this area who demands convenience goods.
Features of the Global Cooking and Baking Paper Market
Market Size Estimates: Cooking and baking paper market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cooking and baking paper market size by product, application, and region in terms of value ($B).
Regional Analysis: Cooking and baking paper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the cooking and baking paper market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cooking and baking paper market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for cooking and baking paper market?
Answer: The global cooking and baking paper market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cooking and baking paper market?
Answer: The major drivers for this market are rising middle-class families' disposable incomes to purchase convenience items like greaseproof paper and baking and frying sheets, growing popularity of home baking and cooking, as well as rising customer desire for quick and easy cooking techniques, and increasing public awareness of health issues.
Q3. What are the major segments for cooking and baking paper market?
Answer: The future of the global cooking and baking paper market looks promising with opportunities in the residential use and commercial use markets.
Q4. Who are the key cooking and baking paper market companies?
Answer: Some of the key cooking and baking paper companies are as follows:
- KRPA Paper
- Nordic Paper
- Vicat Group
- Dispapali
- Ahlstrom-Munksjo
- Delfortgroup
- Expera
Q5. Which cooking and baking paper market segment will be the largest in future?
Answer: Lucintel forecasts that greaseproof baking paper is expected to witness the highest growth over the forecast period because it is resistant to environmental factors like dampness, its also a great choice for baking and food wrapping as it doesn't contain any nitrogen, making it less vulnerable to insect attacks.
Q6. In cooking and baking paper market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to strong consumer penetration in this area who demands convenience goods.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cooking and baking paper market by product (waxed paper, greaseproof baking paper, and butter paper), application (residential use and commercial use), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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